SBI Magnum Gilt Fund Direct Growth
Get the latest NAV of SBI Magnum Gilt Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹69.41
1D
NAV as on 12 Aug 2025
9.11%/per year
Since Inception
▲▼
1532 people have invested ₹ 5.6Cr in SBI Magnum Gilt Fund Direct Growth in the last three months
SBI Magnum Gilt Fund Performance vs. Government Bond Index
Fund returns vs Benchmark returns vs Category Average returns as on (12-Aug-25)
SBI Magnum Gilt Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 3 out of 16 mutual funds in the government bond category as per INDmoney.
SBI Magnum Gilt Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
SBI Magnum Gilt Fund Asset Allocation
See fund asset allocation details as on (14-Jul-25)
Fund Distribution
as on (14-Jul-25)
Debt & Cash 100%
SBI Magnum Gilt Fund Sector Allocation
See fund sector allocation details as on (14-Jul-25)
Sector Allocation
Debt & Cash 100%
Top Sector in June was Government
Government
76%
Government
97%
SBI Magnum Gilt Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.46% |
Benchmark | Nifty All Duration G-Sec Index PR INR |
| AUM | ₹11980 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 490.24% |
| Risk |   Moderate Risk |
About SBI Magnum Gilt Fund
SBI Magnum Gilt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sudhir Agarwal. This fund is suitable to keep your money safe.
Key Parameters
- SBI Magnum Gilt Fund Direct Growth has ₹11980 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
SBI Magnum Gilt Fund Direct Growth has given a CAGR return of 9.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.22%, 8.20% and 6.34% respectively.
Holdings
SBI Magnum Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.09% Govt Stock 2054, 6.33% Goi 2035, 6.79% Govt Stock 2034, 7.34% Govt Stock 2064, 7.23% Maharashtra Sdl-04/09/2035
Taxation
As it is a government bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of SBI Magnum Gilt Fund Direct Growth
To provide returns to the investors generated through investments in Government securities issued by the Central Government and/or State Government(s).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Magnum Gilt Fund Direct Growth has no lock in period.
Fund Manager
Sudhir Agarwal
Fund Manager of SBI Magnum Gilt Fund Direct Growth, since 1 July 2025
- AUM of the fund stands at 12.1K Cr as of Jun'25
- AUM decreased by 424 Cr between Jun'25 and May'25
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Frequently Asked Questions for SBI Magnum Gilt Fund Direct Growth
How do I invest in SBI Magnum Gilt Fund?
- Download the INDmoney app.
- Search for ‘SBI Magnum Gilt Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.